how has the worlds economic meltdown affected you?

[Thor]

how has the worlds economic meltdown affected you?

for me its been catastrophic in some ways..little shop owners are out of business, and most of my friends and family are just hanging on to what they have

whats going on in your world?

 

[brmstn69]

Well, in order to once again make the quick money the bank elected to liquidate the building my company leased from them and force us out leaving myself and about 40 others without a job...

 

[Squallmuzza]

Hasn't really touched me too badly actually. I've noticed a tighter leash on lending from banks, obviously, but other than that, the sector my business operates in is pretty much unrelated to the crisis. I tend to deal with people that have more money than sense, so yeah!

Quite a few friends have been made redundant that I've heard though, which definitely sucks, but they, on the whole, have seemed to find alternative employment within a month or 2, so not too bad!

 

[Thor]

Well, in order to once again make the quick money the bank elected to liquidate the building my company leased from them and force us out leaving myself and about 40 others without a job...

lol..me and others are loosing everthing fast funny how things go down the shitter faster than you can say "WTF"

 

[newage]

my family been in a bit a shit for the past 7 years, the recession just made things worse and now my mom has trouble getting the extra hours that helps us balance...though thankfully her full time job isn't in jeopardy!

 

[Thor]

my family been in a bit a shit for the past 7 years, the recession just made things worse and now my mom has trouble getting the extra hours that helps us balance...though thankfully her full time job isn't in jeopardy!

glad to hear that babe...hope all goes well for you and fam lol

 

[taurus2904]

This year my company filed for Chapter 11 bankruptcy protection, and it looks like they will emerge in about a month. Fortunately, this forced some much needed changes in organizational structure, products, and some fast forward-thinking. Unfortunately, there were several workforce reductions (which I luckily missed) and mandatory furloughs (a 10% hour and wage reduction for 10 weeks).

The furlough put me way behind on bills, so I'm trying to get the mortgage and car loan adjusted. Neither financial institution is moving quickly on those...but they damn sure call three minutes after the payment is due!

Several friends, and my dad, lost jobs; none have had luck in their re-employment searches. One friend got a very generous severance package, and my dad qualifies for partial Social Security. But it's a big hit to ego and self-esteem when one is used to providing for their family, having a 'purpose',...and then having no one return calls.

I just wish I was in a position that I could help my parents now like they had done for me so many times in the past. Sometimes, I make up little odd jobs around my place to give my dad something to do and feel wanted.

 

[Squallmuzza]

Aww bless you taurus! I just wanna give you a big hug! I'm sure all your finances will get settled before long, and you'll be back to earning the big bucks to send your folks something nice =)

 

[taurus2904]

Aww bless you taurus! I just wanna give you a big hug! I'm sure all your finances will get settled before long, and you'll be back to earning the big bucks to send your folks something nice =)

Thanks Squall. If I hadn't misspent my youth and finished college then, instead of a couple of decades late, I could do it now. However, it sure was fun!

 

[Tom]

This was a thread I really wasn't going to open, because I new there would be some very sad stories. I feel terrible for those of you who are suffering so because of the mess the worlds gotten into. But there has also been so good stories, other helping out, etc.

I am very fortunate that I have a good job, and the company I work for is smaller and family owned. Our business is down, but we have managed very well. We are not in jeopardy, but we must be very careful.

In a way I really feel guilty. A neighbor across the street lost her job, neighbor next door lost her job, and here I am doing OK. The price of gas came way down, and I have a long commute, so I'm ahead of last year, plus heating oil prices are down so my heat bills won't be as bad as previous. I also took a vacation this year. First time in about 12-15 years!! I get vacation time, but have never gone and done anything. Really couldn't afford to. Flights and hotels fares were down so much, I took advantage of it.
2010 I am hoping to go again.
So why should I feel guilty? I don't know? Should I be stashing money away?
If I start to help one person, which one, how do I make the choice, I can't help everyone.
In a way I feel I give more than my fare share now. Over 50% of my salary goes to taxes. Mainly because I'm single, never married, no kids, inexpensive home with very little left on the mortgage, so no deductions. The 50% left barely covers food, gas, housing, utilities, car maintenance, etc.

OK, I think I'm rambling here. I guess what I mean to say is I've been doing good this year, and I feeling guilty about it!! I don't think I should, but I do.

Anyway, I wish all the best for you, and hope things turn around soon.

 

[newage]

This was a thread I really wasn't going to open, because I new there would be some very sad stories. I feel terrible for those of you who are suffering so because of the mess the worlds gotten into. But there has also been so good stories, other helping out, etc.

I am very fortunate that I have a good job, and the company I work for is smaller and family owned. Our business is down, but we have managed very well. We are not in jeopardy, but we must be very careful.

In a way I really feel guilty. A neighbor across the street lost her job, neighbor next door lost her job, and here I am doing OK. The price of gas came way down, and I have a long commute, so I'm ahead of last year, plus heating oil prices are down so my heat bills won't be as bad as previous. I also took a vacation this year. First time in about 12-15 years!! I get vacation time, but have never gone and done anything. Really couldn't afford to. Flights and hotels fares were down so much, I took advantage of it.
2010 I am hoping to go again.
So why should I feel guilty? I don't know? Should I be stashing money away?
If I start to help one person, which one, how do I make the choice, I can't help everyone.
In a way I feel I give more than my fare share now. Over 50% of my salary goes to taxes. Mainly because I'm single, never married, no kids, inexpensive home with very little left on the mortgage, so no deductions. The 50% left barely covers food, gas, housing, utilities, car maintenance, etc.

OK, I think I'm rambling here. I guess what I mean to say is I've been doing good this year, and I feeling guilty about it!! I don't think I should, but I do.

Anyway, I wish all the best for you, and hope things turn around soon.

you must certainly should not feel guilty, you seem to be just getting by in my opinion..now if you were a millionaire becuz of the recession or one of the bankers getting bonuses after fucking up..then i'd want to have a word or too with you ...and i wouldn't be doing much talkin!
regardless times are hard, but in the end ones just gotta ride a wave and help out those you can. And by help out it could really be as simple as volunteering your time and donating certain perishables. THough being that im too buzy worrying about college and how im going to pay for the 400k it will cost me to go to professional schoo,l i've been a bit selfish myself so im certainly not going to tell you what to do.
oops i strted rambling again! short form you SHOULD not feel guilty...unless u were part of a criminal plot that sparked the recession

 

[brmstn69]

you SHOULD not feel guilty...unless u were part of a criminal plot that sparked the recession

You mean the Republican party...

 

[mimixiaosan]

seems businessmen are painful
we students also suffered a lot, few job opportunity... I spent many years on university study but without any gain when graduate next year.

 

[smallsleepyrascalcat]

People have less money, my company had less contracts and needed less staff... guess the effect of the crisis on my life

 

[Tom]

seems businessmen are painful
we students also suffered a lot, few job opportunity... I spent many years on university study but without any gain when graduate next year.

You students are screwed!!! How can you get a job after graduation, when you have no experience yet, and you are competing with those that do. Everyone wants people with experience, and people applying for available jobs are often overqualified.

smallsleepy, hope you find something soon!

 

[greekhot]

Well it has affected me in some way, because now I can't go shopping as much as I used to do 2 years ago...

 

[XMan101]

I never did go shopping much, hate it

 

[greekhot]

I did a hell of shopping in an outlet village outside London on Saturday!!!

 

[XMan101]

You were lucky to get back on time, we've had airports closed this week and flights delayed !

 

[greekhot]

Yeah I know, my BA flight was delayed for about 3 hours...I arrived in Athens today 4am...